Spiders, from Victor Niederhoffer
Spiders are quite deceptive (the 8 legged arthropods) and the kind that track the S&P. Jim Lorie always said that if you try to time them you miss the drift which is now 50,000 fold a century but was not quite that much in his noble days. I owe everything to Jim and I grieve for him every day.
Comments
Gregory Rehmke on September 19, 2019 8:25 am
I’m reading more about Jum Lorie in this post from July 2005: “The Summer and Jim Lorie, by Victor Niederhoffer” http://dailyspeculations.com/vic/Jim.html